FairTax not fair to veterans

Friday

Jul 6, 2012 at 7:26 AM

Mr. Ose, you wrote: "One of the reasons income and purchasing power for veterans receiving disability pay will increase is because of the pre-bate under the Fair Tax." You need to understand that Veterans’ disability isn’t simply non-taxable — it isn’t even reported to the IRS. Because the FairTax [policy] taxes this income at the time it is spent, the result is taxing income that has never been taxed (or even reported) before. The FairTax is most definitely NOT fair to veterans and it will have an adverse effect on our local economy since Hot Springs Village is so heavily dependent on veterans.

Jack Kouba

Hot Springs Village

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